(MENAFN) S. Korean financial firm Mirae Asset Global Investment Co. intends to take over a U.S. "based Kitchenware Co.
Mirae Asset will purchase a complete stake in World Kitchen LLC, with the size of the contract valued to be USD 500mn.
In addition, World Kitchen has different brands under its wings, involving Corelle, Corning Ware and Pyrex.
"Mirae Asset may also seek to make a joint investment with other players like the E-land Group, Orion, or Chinese retailers," said market source.
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